A Simple Time & Materials Contract

Our business started on a part-time basis, in
1982, while I was still employed as a policeman.
In 1989, I retired from the force because
I was having more fun remodeling than riding
a beat. People were
happier to see me, and I
felt a much greater sense
of accomplishment. My son, Paul, joined me in 1995, and
we’ve been working together successfully ever since. Most
of our work involves kitchen and bathroom remodels.
In the beginning, I would bid a job based on a “stipulated
sum.” Most of my jobs were small, and an accurate
figure was easy to reach. We never worked with a contract
because I didn’t think we needed